Comment by jakaroo
21 hours ago
The short duration of this crypto hack isn't particularly noteworthy. Of course it takes time to find or design the exploit, but execution is typically very quick for such events
21 hours ago
The short duration of this crypto hack isn't particularly noteworthy. Of course it takes time to find or design the exploit, but execution is typically very quick for such events
I disagree. Assuming the start of the timer is when they first encountered Binance systems they moved very quickly to make the transfers. It suggests to me either some or all of this was automated or they had prepared in advance with some inside knowledge of Binance architecture.
>they had prepared in advance with some inside knowledge of Binance architecture
That is a safe bet 92% of the time, but they rushed getting the stolen coins into a tumbler service. The kind of people that do business in bitcoin, are not the class of folks you want finding these thieves first.
Yet, picking politically attractive proxy-scapegoats is a classic pro move. =3
In fact it would be far more interesting if it happened over the course of hours/days/months, because that would be an indication that they managed to remain undetected for a long period of time.